Encourage Student-Led Initiatives and Micro-Businesses
Startup Incubation: Support students in developing their own data-driven startup ideas. Provide mentorship and micro-funding, taking a small equity stake in successful ventures.
Micro-Businesses: Allow students to start micro-businesses, such as tutoring, developing small data tools or apps, or selling data-related merchandise, with a portion of the revenue going to the NGO.
Funding and Sustainability Plan
Diversify Funding Sources: Utilise a mix of grants, donations, sponsorships, crowdfunding, and revenue from services and products to ensure financial sustainability.
Create Revenue Streams: Generate income from consulting services, paid workshops, bootcamps, product subscriptions, and educational content.
Build Partnerships: Collaborate with businesses, NGOs, government agencies, and educational institutions to secure funding, apprenticeship opportunities, and market access.